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» Economics » Topics begins with C » Covering purchase


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With the covering purchase the buyer must procure itself an urgently needed commodity, due to a failure to deliver of the salesman, as a substitute at a higher price another supplier. The salesman come into supply delay must settle the difference in prices.

Of a covering sales one speaks, if a debtor must sell the commodity as a substitute e.g. with default of the creditor to third.


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